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they aren't as strong as they could be later this year if china keeps improving as we heard from joy global, competitor to c.a.t. i think china will get better, caterpillar could easily head back to 116 where it was last year before we heard they weakened. the story makes a ton of sense, don't look for c.a.t. to hold the dow back. next up, frank blank's home depot. that stock's responsible for the third biggest gain in the dow rallying nearly 276% for the bottom or 320% with the dividends. blake reinvented home depot or brought it back to its roots. in fact, we are only just now beginning to see the tail wind of the housing recovery impact home depot's earnings. boosting dividend, buying back stock like crazy. and i think it's just getting started which is why my charitable trust has such a big position in home depot. if we're only in the first inning of the housing recovery, as i think, building just 1 million homes this year when we might as well need 2 million, that's how -- there's a lot of demand. home depot has much more room to run. disney's the fourth contributor rising 250%
they aren't as strong as they could be later this year if china keeps improving as we heard from joy global, competitor to c.a.t. i think china will get better, caterpillar could easily head back to 116 where it was last year before we heard they weakened. the story makes a ton of sense, don't look for c.a.t. to hold the dow back. next up, frank blank's home depot. that stock's responsible for the third biggest gain in the dow rallying nearly 276% for the bottom or 320% with the dividends....
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Feb 28, 2013
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in the '70s, it was ping-pong diplomacy with china. in 2013, basketball, north korea and a guy famous for wearing a wedding dress. we'll explain all of that in the grapevine next. dad, i'd put that down. ah. 4g, huh? verizon 4g lte. 700 megahertz spectrum, end-to-end, pure lte build. moe most consistent speeds indoors or out. and, obviously, astonishing throughput. obviously... you know how fast our home wifi is? yeah. this is basically just as fast. oh. and verizon's got more fast lte coverage than all other networks combined. oh, why didn't you just say that? huh-- what is he doing? ♪ your finances can't manage themselves, but that doesn't mean they won't try. bring all your finances together with the help of the one person who can, a certified financial planner professional. cfp -- let's make a plan. >> bret: now fresh pickings from the palestinian cat grapevine. the sequester isn't the only story where the white house is being challenged on the facts. the "weekly standard" is questioning the first lady's claims about the success
in the '70s, it was ping-pong diplomacy with china. in 2013, basketball, north korea and a guy famous for wearing a wedding dress. we'll explain all of that in the grapevine next. dad, i'd put that down. ah. 4g, huh? verizon 4g lte. 700 megahertz spectrum, end-to-end, pure lte build. moe most consistent speeds indoors or out. and, obviously, astonishing throughput. obviously... you know how fast our home wifi is? yeah. this is basically just as fast. oh. and verizon's got more fast lte coverage...
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Feb 28, 2013
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around minnesota visiting 30 different businesses, saw warehouses full of crates that said ship to china and saw in our state where we are down to 5.5 unemployment. what we are seeing with this private sector job growth which is based on exports in our state as well as a skilled work force. these are positive signs but there is more to be done. there are still more than 1 million americans out of work and there is no question we have much more work to do. our focus needs to be on policies that create job creation in the short term while laying ground for prosperity in the long term. if we've learned anything over the last few years, thates america can no longer be a country that churns money. our financial industry is important but it can't be the basis of our economy. we need to make things and export to the world which we need to work to bring our country back to the brass tacks of invasion ond entrepreneurship. i come from a state, i will try not to mention my state too much if you don't mention texas too much. but my state brought the world everything from the peacemaker to the post
around minnesota visiting 30 different businesses, saw warehouses full of crates that said ship to china and saw in our state where we are down to 5.5 unemployment. what we are seeing with this private sector job growth which is based on exports in our state as well as a skilled work force. these are positive signs but there is more to be done. there are still more than 1 million americans out of work and there is no question we have much more work to do. our focus needs to be on policies that...
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-china relations, that was a bridge. maybe this will do something. did you get clearance? did you ask the state department, the obama administration for a green light before you went? >> no, we did not. we put it together ourselves. i had had some contact from my trips over there. they then sent it here to the united nations delegation and their team here. we worked a lot with them. they came out to our offices. we ran through the whole program with them and, you know, we actually didn't really know, you know, if we were all going to get in until we got to beijing. so it was is a sort of last minute -- not last minute but we didn't really know until the last minute. >> with all due respect, dennis rodman was a great, great player for the chicago bulls and we love the harlem globetrotters. there's only one thing, if michael jordan himself would have gone, that would have blown out the entire place over there, i can assure you. don't you agree? >> 100%. michael jordan is a god, the greatest player that ever played the game but he's a huge god in north korea. michael, if you'
-china relations, that was a bridge. maybe this will do something. did you get clearance? did you ask the state department, the obama administration for a green light before you went? >> no, we did not. we put it together ourselves. i had had some contact from my trips over there. they then sent it here to the united nations delegation and their team here. we worked a lot with them. they came out to our offices. we ran through the whole program with them and, you know, we actually didn't...
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this is a bird's-eye view of china. >> we're going do show you the pictures now. this is beijing. the air browned. everyone covering their mouths and their eyes. why? >> gritty, sandy, dirty mess covering every inch of beijing. air pollution already a huge problem there, but a sandstorm now whipped in today pushing the bad air index off the charts, literally. >> yeah. the dirt and the smog all mixing in together. they've maxed out all instruments they use to measure the air pollution. they couldn't even measure it. they said they're warning people to stay inside. no kidding. or at least wear face masks. >> the sand flying in from the gobi desert combined with the already terrible pollution, making life miserable there. we've both been there and it's pretty tough stuff, just to breathe. >> it's horrible. >> the grit. >> when our correspondent was there did a live shot, i e-mailed him afterwards i said why aren't you outside with the beijing background and he said i was in the background. couldn't see. >> it looked like a sheet of white. >> unbelievable. >> that's what people are li
this is a bird's-eye view of china. >> we're going do show you the pictures now. this is beijing. the air browned. everyone covering their mouths and their eyes. why? >> gritty, sandy, dirty mess covering every inch of beijing. air pollution already a huge problem there, but a sandstorm now whipped in today pushing the bad air index off the charts, literally. >> yeah. the dirt and the smog all mixing in together. they've maxed out all instruments they use to measure the air...
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to give away over $100 million in grants to foreign countries like china? or what about bankrolling tax tv? the i.r.s. spends $4 million of our tax dollars every year to run its very own full-service television studio. instead of raising taxes, let's get serious about cutting waste. the house has acted to replace the sequester with commonsense cuts and reforms. it's time to see a serious plan from the president. i yield back. the speaker pro tempore: the gentlewoman yields back. for what purpose does the gentleman from washington seek recognition? without objection. >> mr. speaker, it's a beautiful day back in my hometown of olympia, washington. of course it's raining cats and dogs, but that's what passes for beauty in our corner of the world. it's a beautiful day at the national wildlife refuge near olympia and it's a beautiful day at mount rain ear national park which you can see from mie my neighborhood. but, mr. speaker, if we -- see from my neighborhood. but, mr. speaker, if we don't replace sequestration, i'm worried about how many more beautiful days
to give away over $100 million in grants to foreign countries like china? or what about bankrolling tax tv? the i.r.s. spends $4 million of our tax dollars every year to run its very own full-service television studio. instead of raising taxes, let's get serious about cutting waste. the house has acted to replace the sequester with commonsense cuts and reforms. it's time to see a serious plan from the president. i yield back. the speaker pro tempore: the gentlewoman yields back. for what...
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that's coming up next for you. [ male announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. stuart: an hour ago we thought maybe we'd make a run at the new record high, but we're dead flat. we are up a point. that's all we've got so far. but barnes & noble -- i'm not sure -- it's up. this stock is up. significantly so. nicole, we always want to know why. nicole: right. so it seems that they are obviously having some talks. they are talking about e-book sales, which actually are not good news, fell 26% in the latest quarter. we're seeing the stock higher, which doesn't necessarily make sense, but it does seem that they are moving forward with a pl
that's coming up next for you. [ male announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read...
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meantime, china's defense ministry this morning accusing the united states of hacking its computers. it was not very specific about the accusation. it is notable, however, because it's really the first time the government itself has made that specific allegation against the u.s. >>> meanwhile, rachel over at "the new york times" just reported the pope's final actions will include, as he steps down at 8:00 a.m. our time, he will issue one last tweet to his account, pontfx which is amazing. we saw video just a short time ago of the google glasses down at the ted conference. they were showing them off. google has this morning closed its offer to get you a google glass. remember, you could tweet and say hey, this is the reason. also, you had to pay $1,500. we'll get them a gadget just as soon as we can. >> nice. scott mcgrew has those connections. that's the way he rolls. >> we try. >> i'm waiting for the knock-offs. we're basking in sunshine down here in the bay area and up in the sierra, looking good for skiers? >> yeah. >> a little too warm, maybe? >> no, looking good because they're
meantime, china's defense ministry this morning accusing the united states of hacking its computers. it was not very specific about the accusation. it is notable, however, because it's really the first time the government itself has made that specific allegation against the u.s. >>> meanwhile, rachel over at "the new york times" just reported the pope's final actions will include, as he steps down at 8:00 a.m. our time, he will issue one last tweet to his account, pontfx...
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., quotes were double those from china, where 99% of u.s.-sold bicycles are made. > >after spending a considerable amount of time doing market research on the current coaster, kerr has some advice for other entrepreneurs as they venture into making their products thrive. "i think you gotta keep the dream. you gotta really remember what your vision is and be willing to adjust your vision as you learn more about your market, because it may not be what you thought in the first place." reporting for first business news, i'm ky sisson. for more information on the current coaster, check out: www.ridecurrent.com. coming up next, movies and money. why one film studio should be afraid at the box office, very afraid. the box office will be filled with fantasies for the next couple of weeks. erik childress, our movie guy, is here to explain that. good to have you back. > > thank you. > first off, "jack the giant slayer." this is a huge fantasy film. what do you expect? > > i expect warner brothers is going to be sweating a little this weekend. > why so
., quotes were double those from china, where 99% of u.s.-sold bicycles are made. > >after spending a considerable amount of time doing market research on the current coaster, kerr has some advice for other entrepreneurs as they venture into making their products thrive. "i think you gotta keep the dream. you gotta really remember what your vision is and be willing to adjust your vision as you learn more about your market, because it may not be what you thought in the first...
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and as i say, who else rules 1 billion people, other than the heads of china and india? >> reporter: he's considered one of the greatest living theologian. always more comfortable with books than with crowds. that's where he will return. benedict will disappear from public view, dedicating himself entirely to prayer and meditation. >> he was not a great administrator. he was a teacher. he was a german professor. he was a man, an intellect on the level of one of the greats like hagel or plato. >> that was abc's nick schifrin in rome. after benedict says good-bye to the church's cardinals, he flies by helicopter to the papal retreat. he will offer a blessing from the balcony and then shut the door. in his own words, benedict will be hidden for the rest of his life. >>> and it is a very busy morning in rome. and our friends at "gma" are planning complete coverage of this historic day. keep it right here on abc news. >>> our other major story, is massive budget cuts set to begin in less than 24 hour ps. after weeks of warnings, president obama softened his tone about the cut
and as i say, who else rules 1 billion people, other than the heads of china and india? >> reporter: he's considered one of the greatest living theologian. always more comfortable with books than with crowds. that's where he will return. benedict will disappear from public view, dedicating himself entirely to prayer and meditation. >> he was not a great administrator. he was a teacher. he was a german professor. he was a man, an intellect on the level of one of the greats like hagel...
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. >>> and china pulling out the old, well, they did it first argument, saying the u.s. hacked its military web site thousands of times per month. good. earlier this month we reported a secret group linked to china's military hacked several american web sites. now this. >> gretchen: they called it the hanoi hilton, sarcastically. a miserable prison in north vietnam where american soldiers were held during the vietnam war. it was a place of torture and solitary confinement. in many cases a tiny window like this was a prisoner area only window to the world. even on their darkest days, our american soldiers still found a way to keep the faith. they communicated with each other using a top secret code that could be tapped on the walls. they shared words, phrases, and even poetry. retired air force major general john borling spent 6 1/2 years locked in the prison. he didn't see his daughter until she was 7 1/2. his commitment to his country never changed. now he's the author of "taps on the walls, homes from the hanoi hilton" and he's any guest. good to see you. >> pleased to
. >>> and china pulling out the old, well, they did it first argument, saying the u.s. hacked its military web site thousands of times per month. good. earlier this month we reported a secret group linked to china's military hacked several american web sites. now this. >> gretchen: they called it the hanoi hilton, sarcastically. a miserable prison in north vietnam where american soldiers were held during the vietnam war. it was a place of torture and solitary confinement. in many...
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. >> is it the case that if russia or china or someone were doing what mr. cole posits, we would condemn that out of hand? we would not say this trend strike was ok and that one was not. >> if russia or china were being attacked by a terrorist group that was indisputably producing -- posing imminent threat. >> the chechens attacked them at one point. >> if they were in another country posing imminent threats to russia and the country they were in was unable to prevent that threat, i think we would have to acknowledge rushers right to defend itself. >> mr. bellinger and said we need to process. not judicial process. i do not understand how the determination by an executive branch official without any judicial involvement can be considered to process. the white paper says we can attack a senior operational terrorist posing an imminent right consistent with laws of war. i do not understand why we need a senior operational terrorist. like this the have to pose an imminent threat? the analysis is different. either this person is an enemy combatants or he is not.
. >> is it the case that if russia or china or someone were doing what mr. cole posits, we would condemn that out of hand? we would not say this trend strike was ok and that one was not. >> if russia or china were being attacked by a terrorist group that was indisputably producing -- posing imminent threat. >> the chechens attacked them at one point. >> if they were in another country posing imminent threats to russia and the country they were in was unable to prevent...
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., britain, france, russia and china plus germany-- was catherine ashton of the european union. >> i hope that the iranian side are looking positively on the proposals that we've put forward. we work extremely hard in a very considered manner collectively on behalf of the united nations security council who mandate us to do so in order to try and get >> warner: far from almaty, secretary of state kerry said in paris that the talks had been useful, but he also reiterated the u.s. position. >> iran knows what it needs to do. the president has made clear his determination to implement his policy that iran will not have a nuclear weapon. >> warner: and in jerusalem, israeli prime minister benjamin netanyahu called again for the threat of military measures. >> i believe that this requires the international community to ratchet up its sanions and make clear that if this continues there will be also a credible military sanction. i think no other means will make iran obey the wishes of the international community. >> warner: iran insists its nuclear program is for peaceful energy production,
., britain, france, russia and china plus germany-- was catherine ashton of the european union. >> i hope that the iranian side are looking positively on the proposals that we've put forward. we work extremely hard in a very considered manner collectively on behalf of the united nations security council who mandate us to do so in order to try and get >> warner: far from almaty, secretary of state kerry said in paris that the talks had been useful, but he also reiterated the u.s....
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how about china? how about china? another reason we got crushed last week was china. aren't we petrified that china is stalled? break out the handbook here, and china stalled, that means commodities stalled, which means the strength is chimerical. i told you we want to listen to michael sutherland, the biggest pure play in mining equipment. he said china is coming on strong, a demand for commodities around the globe. another issue neutered by today's evidence. but isn't the consumer -- i got the whole litany, isn't the consumer tapped out by higher gasoline prices? by the end of the payroll tax holiday, by increased taxes for the rich. by the bad weather lately. i don't know, but our newly created gatsby index was on fire today. so were dollar stores. dollar tree, and great gatsby nick caraway. and how about the all-time high, home depot. three-point jump macy's moving up another buck and walmart continuing to run, despite endless attempts by bears portraying the company having a dim view of the future. something i'll discuss later in the show, saying jcpenney stinks,
how about china? how about china? another reason we got crushed last week was china. aren't we petrified that china is stalled? break out the handbook here, and china stalled, that means commodities stalled, which means the strength is chimerical. i told you we want to listen to michael sutherland, the biggest pure play in mining equipment. he said china is coming on strong, a demand for commodities around the globe. another issue neutered by today's evidence. but isn't the consumer -- i got...
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branch to lay down is precisely clear rules for the use of drones. >> wouldn't it be the case that china or someone, the we would condemn that out of hand? that we wouldn't say that this one is okay, that one wasn't? >> if they were being attacked -- >> we are judging the impact at one point. >> is somewhere posing imminent threats to russia in the country they were in was unwilling or unable to prevent that threat, i think we would have to acknowledge the right to defend. >> something that john bellinger said. you need to process this. i do not understand. i don't understand how unilateral determination without any judicial involvement can be considered in any form. let me ask the following question. you said that we can attack a senior operational terrorist posing an imminent threat consistent with the laws of war. i do not understand why we need a senior operations terrorism i can just be an ordinary terrace. i don't know why it has to be posing a threat. i think the analysis is completely different. either this person is an enemy combatant or he is not. if he is not, he is subject to
branch to lay down is precisely clear rules for the use of drones. >> wouldn't it be the case that china or someone, the we would condemn that out of hand? that we wouldn't say that this one is okay, that one wasn't? >> if they were being attacked -- >> we are judging the impact at one point. >> is somewhere posing imminent threats to russia in the country they were in was unwilling or unable to prevent that threat, i think we would have to acknowledge the right to...
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yes the ship is already under construction in china. it is expected to sail in 2016. liz: i'm not on it. go off the desk and waco, texas where a football player found a part-time job. nfl running back terrence ganaway was board. the manager of jim any john's gave him a job. he earned $390,000 a year last year. he is working for $7.50 an hour until training camp starts. david: if you need it, instead of going on any kind of assistance you work for it. the number one thing to watch tomorrow will be second reading of fourth quarter gdp. economists expect a reading of .5%. following a initial reading of negative .1%. this reading would be far below 3.1% growth we saw in the third quarter. liz: have a great evening. "money" with dennis kneale is next. david: homes for heroes. >> i'm dennis kneale in for the irrepressable melissa francis. here is what is money tonight. it is code red for the meat industry. possible widespread beef shortage. are the fears overblown? secretary of agriculture tom vilsack joins to us respond. >>> president obama wants $50 billion in fresh stimu
yes the ship is already under construction in china. it is expected to sail in 2016. liz: i'm not on it. go off the desk and waco, texas where a football player found a part-time job. nfl running back terrence ganaway was board. the manager of jim any john's gave him a job. he earned $390,000 a year last year. he is working for $7.50 an hour until training camp starts. david: if you need it, instead of going on any kind of assistance you work for it. the number one thing to watch tomorrow will...
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in singapore, in south korea, in china, in india. as the president talked about in his state of the union we want to invest much more in education. we want a lot more children having a chance to have high quality early childhood experience. we want to make sure we can drive up graduation rates and make sure high school is relevant and drive down dropout rates and make sure our young people are college and career ready. the president's 2020 goal to lead the world in college graduation rates, to do that we need to make sure folks have access and college is affordable. so for us to be thinking about taking steps backwards in all of these areas, because folks in washington can't get their act together and a level of dysfunction in congress, it's unimaginable to me. i can't tell you how troubling that is to me and frankly how angry it makes me feel. as a nation we're starting, you know, economy's coming back a little bit. in my world, graduation rates are up a little bit. but again we're nowhere near where we need to be. we need to be bui
in singapore, in south korea, in china, in india. as the president talked about in his state of the union we want to invest much more in education. we want a lot more children having a chance to have high quality early childhood experience. we want to make sure we can drive up graduation rates and make sure high school is relevant and drive down dropout rates and make sure our young people are college and career ready. the president's 2020 goal to lead the world in college graduation rates, to...
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., france, britain, germany, china, and russia all represented. negotiators keeping pretty tight lipped here, but they do acknowledge making some concessions and iran's chief nuclear negotiator is letting a couple of items slip, for example, take a listen to what he said when cnn asked whether negotiators want iran to shut down its uranium enrichment. >> our nuclear facilities are working under the supervision of the iaea. there is no -- to be shut down. they have paid attention to this point. therefore, it is considered from our point of view a positive step. >> iran says it is enriching uranium for quote/unquote peaceful needs. >>> want to go to mars? it could happen, maybe in 2018. that is when a nonprofit group headed by this millionaire, and also the first space tourist, dennis tito, hopes to launch a spacecraft carrying two people, he wants them to be married, to fly by the red planet. he announced the proposed mission just this afternoon. >> again, it is uses low earth orbit architecture. and we just adapt it to a -- in effect, a very large
., france, britain, germany, china, and russia all represented. negotiators keeping pretty tight lipped here, but they do acknowledge making some concessions and iran's chief nuclear negotiator is letting a couple of items slip, for example, take a listen to what he said when cnn asked whether negotiators want iran to shut down its uranium enrichment. >> our nuclear facilities are working under the supervision of the iaea. there is no -- to be shut down. they have paid attention to this...
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dolling out grants to foreign countries, including china, at the expense of $100 million over the last decade? why does the i.r.s. need a tv studio that costs $4 million a year? and why are we paying senior citizens to play video games so we can study the impact on their brains? now, i understand these three examples don't equal $85 billion of sequester cuts, but these are just three examples of the waste and this is crazy. washington must do better because the american people deserve better. they deserve a federal government focused on balancing its budget, reducing its spending, paying off its debt, honoring its commitments to seniors and making sure our younger generations can actually live the american dream. mr. president, let's stop the square tactics and let's get to work. mr. speaker, i yield back the balance of my time. thank you very much. mr. westmoreland: i want to thank the gentleman for participating. next i want to introduce another one of our bright young freshmen, mr. valadao from california, the 21st district, a dairy farmer, the son of portuguese immigrants that has
dolling out grants to foreign countries, including china, at the expense of $100 million over the last decade? why does the i.r.s. need a tv studio that costs $4 million a year? and why are we paying senior citizens to play video games so we can study the impact on their brains? now, i understand these three examples don't equal $85 billion of sequester cuts, but these are just three examples of the waste and this is crazy. washington must do better because the american people deserve better....
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china, it seems to have stabilized. it had been an area of concern. i don't think it is going to surge tremendously, i think they have it under control which is a plus. i think other parts of the emerging markets are looking pretty corrective as well. >> are you at all worried that italy could upset the view and the direction of the market, at least in the near term? >> in the near term, yes. it feels like every spring we have forgotten about italy for while, focused on the home markets or elsewhere, and string comes around and something happens to make us worried again. but my sense is, people have become concerned but seems incrementally they're moving in the right direction and there seems to be more discipline, but there also are head winds cropping up from time to time. i think that could give people pause. >> allison, nice speak with you today. >> thank you. >> thanks so much for coming on. >>> looking again, 107 point gain coming up. we're watching apple as well. the shareholder meeting is kicking off today. what would you do if you owned almos
china, it seems to have stabilized. it had been an area of concern. i don't think it is going to surge tremendously, i think they have it under control which is a plus. i think other parts of the emerging markets are looking pretty corrective as well. >> are you at all worried that italy could upset the view and the direction of the market, at least in the near term? >> in the near term, yes. it feels like every spring we have forgotten about italy for while, focused on the home...
SFGTV2: San Francisco Government Television
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most of the product you see is imported from china. we can--you know, it was a perfect window, we thought, to be able to provide a fresh organic product. san francisco is a very nice niche market for organic, sustainable products. and we thought that would be a good market to take advantage of. >> they grow everything from oysters to shiitakes to king trumpets to even something called a bear's head. and it all starts with bricks made of a blend of sawdust and rice bran that are filled into plastic bags. the bags are then carted into a high-pressure steam treatment and then taken into a clean filtered-air room where workers treat the bags with care as they introduce them to fungi spawn. after a primary growing period of 4-12 weeks, they are then taken to their private rooms to grow for another couple of weeks, depending on the variety, and then they are harvested. >> each crop is about 3/4 to a pound. and they're picked not necessarily by size but by maturity. when the mushroom's veil starts separating from the stem, or when the cap is
most of the product you see is imported from china. we can--you know, it was a perfect window, we thought, to be able to provide a fresh organic product. san francisco is a very nice niche market for organic, sustainable products. and we thought that would be a good market to take advantage of. >> they grow everything from oysters to shiitakes to king trumpets to even something called a bear's head. and it all starts with bricks made of a blend of sawdust and rice bran that are filled...
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Feb 27, 2013
02/13
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FBC
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rich: discussion is on the discussion they passed before, working conditions in factories in china, and the board of directors and management and shareholders. the issue a moment ago that tim cook brought up, what to do with $137 billion in cash that apple has on hand and mr. cook said he was disappointed with a court ruling in favor of david einhorn, mr. einhorn winning for the time being removal of the proposal to the shareholder, the board of directors going to put to a vote whether in the future the board never wanted to issue preferred shares that would let the shareholders make the ultimate decision to give them the vote, but the issue is removed but tim cook said and this was paraphrasing this is a time in the meeting i would have introduced item 2, we are committed to letting our shareholders vote on this proposal which in plain english mean this thing is not going away, it will come back as the board of directors tries to protect that $37 million, we spoke with a shareholder inside the meeting this says it is a good idea for the board to avoid issuing preferred shares and here
rich: discussion is on the discussion they passed before, working conditions in factories in china, and the board of directors and management and shareholders. the issue a moment ago that tim cook brought up, what to do with $137 billion in cash that apple has on hand and mr. cook said he was disappointed with a court ruling in favor of david einhorn, mr. einhorn winning for the time being removal of the proposal to the shareholder, the board of directors going to put to a vote whether in the...
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Feb 27, 2013
02/13
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KNTV
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unlike the issue titanic, this ship was being built in china, not in belfast, ireland. a sign of the times says palmer and a chance to unit people from all over the world. this guy thinks big. >> stephanie gosk, thank you very much. on scientific poll, how many of us would go on voyage on the next titanic? >> i see where in the world. >> you make it to england, send us a postcard. >> it's amazing how much smaller this is going to be compared to the other ships that are out there right now. >> the size of a pontoon boat. >> lot more life jackets and lifeboats on board this one. >>> coming up, we've got a great story. a modern day treasure hunt. why one man decided to give away a vast fortune by burying it for you and others to find. >>> also ahead, new controversy this morning surrounding marissa mayer's decision to ban yahoo! employees from working >> announcer: "today in the bay" weather is sponsored by bank of the west. >>> coming up from here at the vatican, a look icastel ga [ male announcer ] these heads belong to those who can't put life on hold because of a migra
unlike the issue titanic, this ship was being built in china, not in belfast, ireland. a sign of the times says palmer and a chance to unit people from all over the world. this guy thinks big. >> stephanie gosk, thank you very much. on scientific poll, how many of us would go on voyage on the next titanic? >> i see where in the world. >> you make it to england, send us a postcard. >> it's amazing how much smaller this is going to be compared to the other ships that are...
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Feb 27, 2013
02/13
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FBC
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do you have a strong future here as opposed to china or someplace else? >> well, you have the chinese government that's supporting all their manufacturing. you didn't start losing manufacturing until a democrat, president clinton, and then you had companies that rushed for the cheap. stuart: but you don't want to have the american government support american manufacturers to keep jobs here, or do you? >> i do. trade policies, fair trade, i can't ship tires to china without paying a duty. i can't ship them to brazil. you can't ship. it is the same all over. if you are going to charge me -- you want fair trade? if they charge duty, we charge a duty. otherwise you put with american workers. stuart: the chinese tires come to america duty free? >> they were. and we sued. i have to go to washington. you have to hire the lawyers. pay 7 million. and then we have a trial. we prove it. so they slapped the duties on. stuart: what do you make of the state of america's economy? we have been talking this morning that it is the wal-mart economy, slow growth, high tax, b
do you have a strong future here as opposed to china or someplace else? >> well, you have the chinese government that's supporting all their manufacturing. you didn't start losing manufacturing until a democrat, president clinton, and then you had companies that rushed for the cheap. stuart: but you don't want to have the american government support american manufacturers to keep jobs here, or do you? >> i do. trade policies, fair trade, i can't ship tires to china without paying a...
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Feb 27, 2013
02/13
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CNBC
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on the other hand, growth prospects are in china. investors have gotten afraid that maybe apple won't be able to maintain its margins as it tries to grow in emerging markets like that. but over the past year, if you take a look at apple's one-year chart, it's really interesting, because we're about $100 below last year's levels. this is significant because this is the first time sort of in the post-ipod era that apple's been down year over year when the market is not. take a look at the board of directors. all of these guys up for reelection. interesting to note, al gore and mickey drexler got the fewest votes a year ago. they had around 18.5% of votes withheld. that's significant because this year directors need a majority of votes in order to actually be reelected. that's new this time. i've got to say, though, a couple of shareholder proposals that will come up today that are interesting, one has to do with the number of shares that apple executives are required to hold. there is a proceeposal that the have to hold on to a third o
on the other hand, growth prospects are in china. investors have gotten afraid that maybe apple won't be able to maintain its margins as it tries to grow in emerging markets like that. but over the past year, if you take a look at apple's one-year chart, it's really interesting, because we're about $100 below last year's levels. this is significant because this is the first time sort of in the post-ipod era that apple's been down year over year when the market is not. take a look at the board...
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Feb 27, 2013
02/13
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FOXNEWSW
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huge growth in africa and in china. that's why you see at least africa on the list of places -- [inaudible] a little over 72 hours now before the mandading cuts take e known as the sequester back here at home in our dome in washington, d.c. this morning. $85 billion in across-the-board cuts to the federal budget are about to kick in. several lawmaker including republican senator tome coburn have put forward a number of solutions that they say would make it easier to handle these cuts. neither the republicans or white house have agreed to any compromise on this thing. bill? bill: 48 hours, martha. martha: exactly. bill: we have numbers based on spending from the federal government. starting now in 2012, this is in trillions of dollars now. otherwise interpreted as thousands of billions. there are about 3.5, 3.6 trillion dollars in spending for 2012. under current law if you forecast that out over the next nine or ten years, the spending go to 5.5 trillion. the red line is the only amount of the sequester that is being co
huge growth in africa and in china. that's why you see at least africa on the list of places -- [inaudible] a little over 72 hours now before the mandading cuts take e known as the sequester back here at home in our dome in washington, d.c. this morning. $85 billion in across-the-board cuts to the federal budget are about to kick in. several lawmaker including republican senator tome coburn have put forward a number of solutions that they say would make it easier to handle these cuts. neither...
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Feb 27, 2013
02/13
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KPIX
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this is in china. he is not going to take it anymore! chinese official completely lost it trashed a boarding area after he and his family missed not one but two flights and when he couldn't breakthrough the glass door he slammed the sign on the desk. he since apologized but now is a youtube sensation. >> he was a little angry there. >>> congressional republicans and democrats still are miles away interest a deal to ad volunteer $85 billion in automatic spending cuts. those cuts will take effect less than two days from now unless there is a last-minute agreement. >> we should not have move a third bill before the senate gets off their ass and begins to do something. >> i think he should understand who is sitting on their posterior. we're doing our best here to pass something. the speaker is doing nothing. >> in california, some fiscal experts predict the cuts will cost the state 225,000 current and future jobs. other potential losses include $670 million in federal grants and more than $3 billion in statewide military and defense revenue.
this is in china. he is not going to take it anymore! chinese official completely lost it trashed a boarding area after he and his family missed not one but two flights and when he couldn't breakthrough the glass door he slammed the sign on the desk. he since apologized but now is a youtube sensation. >> he was a little angry there. >>> congressional republicans and democrats still are miles away interest a deal to ad volunteer $85 billion in automatic spending cuts. those cuts...
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Feb 27, 2013
02/13
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KGO
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. >> a trip to the airport can be nerve wracking for all of us but a government official in china took it to a new level. the freak out on youtube, a top level government official and family in china missed the flight not once but twice when the flight crew would not let them board, the official smash computer equipment and tried to bash in a gate door. he was arrested. he has apologized but police are still considering charges. got to wonder if he will get to keep his post. >> you do have to wonder about that. >> now the weather forecast. what are you wondering about? >> if this is any reason to get worked up today. >> here is san jose this morning, you can see clear sky over san jose and the temperatures today will be just a little bit cooler than yesterday by two degrees and that is the trend with the extra cloud cover at one to four degrees cooler. we are looking at live doppler 7 hd and the surrounding radar covering the state and you can see a spring el near eureka and the increasing clouds. mid-60's at chico to 70 in fresno and 49 at tahoe. safe travels. sue? >> we have issues o
. >> a trip to the airport can be nerve wracking for all of us but a government official in china took it to a new level. the freak out on youtube, a top level government official and family in china missed the flight not once but twice when the flight crew would not let them board, the official smash computer equipment and tried to bash in a gate door. he was arrested. he has apologized but police are still considering charges. got to wonder if he will get to keep his post. >> you...
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Feb 27, 2013
02/13
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KTVU
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china and new zealand were the biggest winners gaining nearly .9%. >>> many investors were encouraged after ben bernanke gave until signs the fed would change its policies. bernanke gave his report to congress. forced budget cuts would show the u.s. economic growth. and the interest rate policies are critical to support the economy. now his comments helped u.s. markets rebound after their worst decline of the year. dow managing to gain -- and right now the futures indicate slightly higher opening. boy they have fluctuated and have not always been a good indication. >>> still talking about the oscars. the host of the oscars in hot water with california female lawmakers. what they are asking the academy to do to seth mcfarland. >>> hope for sacramento to keep the new kings. q >>> welcome back to the ktvu channel 2 morning news. 5:24 is the time. the city of sacramento is not giving up the on the kings. last night the city council member said he spoke with the minority owner of the basketball team. they are working on an alternative offer to buy the team and build the team a new arena in
china and new zealand were the biggest winners gaining nearly .9%. >>> many investors were encouraged after ben bernanke gave until signs the fed would change its policies. bernanke gave his report to congress. forced budget cuts would show the u.s. economic growth. and the interest rate policies are critical to support the economy. now his comments helped u.s. markets rebound after their worst decline of the year. dow managing to gain -- and right now the futures indicate slightly...
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Feb 27, 2013
02/13
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KGO
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. >> a trip to the airport can be nerve wracking for anyone but a government official in china took it to a new level. check out this flight video on youtube, a top level government official and the family missed their flight not once, but twice, when the flight crew would not let them board the official smash computer equipment and they tried to bash in a gate door. police were called and he was arrested. he has since apologized but police are still considering charges. >> so it is not just here at american airports where you see air rage. >> people behaving badly. >> nice bangs. >> you noticeed! >> now the forecast. mike? >> live doppler 7 hd shows across the entire state, nevada, arizona, utah, part of oregon, everyone is dry this morning. if you are headed out watch out for the cloud cover that is moving in, a sprinkle is trying to november at 54 today, and we will have mid-60's to 70 from chico, sacramento and frees me and high clouds and sunshine at monterey at 61. and no snow in yosemite and low-to-mid 70's around palm springs and san diego. >> back to the bay bridge toll plaza
. >> a trip to the airport can be nerve wracking for anyone but a government official in china took it to a new level. check out this flight video on youtube, a top level government official and the family missed their flight not once, but twice, when the flight crew would not let them board the official smash computer equipment and they tried to bash in a gate door. police were called and he was arrested. he has since apologized but police are still considering charges. >> so it is...
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Feb 27, 2013
02/13
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CNBC
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there's a lot of controversy about how china is and what is the underlying strength of china. >> housing comes back here, better but doing better on a lot of fronts but we need trading partners. >> we need consumption of emerging markets to pick up. >> it won't be europe. >> we need asia and latin america. we need those guys to pick up. these things are all linked. if china doesn't pick up more meaningfully, there's the spillover back to brazil, spi spillover to all, spillover to commodity exporters relying on china. it is -- you know, it's interesting all of them have been revising global growth down not up. >> in italy, i feel bad for the italian people, their wealthy has not increased and losing pace with the rest of the world. it doesn't matter to me italy hasn't grown the last 20 years. it didn't need to grow. a perfect place. >> it's a good place and political dysfunction is something that's been around 60, 70 years. the pasta is still good. >> not quite as rich but looking out at the most beautif beautiful -- right, your favorite place? feel rich. you're living rich. right. >> we'
there's a lot of controversy about how china is and what is the underlying strength of china. >> housing comes back here, better but doing better on a lot of fronts but we need trading partners. >> we need consumption of emerging markets to pick up. >> it won't be europe. >> we need asia and latin america. we need those guys to pick up. these things are all linked. if china doesn't pick up more meaningfully, there's the spillover back to brazil, spi spillover to all,...
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Feb 27, 2013
02/13
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FOXNEWSW
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there were a slew of countries, turkey, china, cuba, among others, who said you couldn't even do this original trademark. why? >> that's correct. there is a variety of roles and different countries handle it differently. but primarily the issue is that you don't want to basically allow anything that's immoral or scandalous is the words that are used in the law. and different countries have different views as to what immoral or scandalous might be. and for example, britain just determined that the word jesus was effectively -- it shouldn't be trademarked. it was immoral to have a major christian figure be on a trademark. the united states and the european union felt differently. and it's a classic example of different viewpoints from different countries. >> gretchen: i guess arthur, one of the things that they feared would be advertisements like this for women in skimpy denim under the slogan, he who loves me follows me. you got a problem with that? >> the slogan is catchy, but do i think it should be attached to the name jesus? no, i don't. look, the trademark laws are actually there
there were a slew of countries, turkey, china, cuba, among others, who said you couldn't even do this original trademark. why? >> that's correct. there is a variety of roles and different countries handle it differently. but primarily the issue is that you don't want to basically allow anything that's immoral or scandalous is the words that are used in the law. and different countries have different views as to what immoral or scandalous might be. and for example, britain just determined...
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Feb 27, 2013
02/13
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CNNW
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no other faith leader does and frankly no other political leader except the leaders of china and india rules over such a mass sf flock. we're going now to ben wedeman in vatican square for bring us some update and color from the people who are watching. >> i was here when pope john paul ii died in 2005 and it was a much different sort of atmosphere. this occasion, people are contemplating the last eight years of benedict xvi and appreciate what he accomplished and what still needs to be accomplish accomplished. there is an international audience here in the square. this is typical for the catholic church. very international body. now, we're joined now by sarah and shalan, students studying in rome. cause here to study architecture and you have this unique opportunity to see history in the making. >> it's amazing. i don't think anyone of us expected any of this to happen because it's such a limited opportunity. so it's amazing that we get to experience this. >> and what are your thoughts? >> well, we're kind of skipping class to be here, so sorry professors. this definitely took priorit
no other faith leader does and frankly no other political leader except the leaders of china and india rules over such a mass sf flock. we're going now to ben wedeman in vatican square for bring us some update and color from the people who are watching. >> i was here when pope john paul ii died in 2005 and it was a much different sort of atmosphere. this occasion, people are contemplating the last eight years of benedict xvi and appreciate what he accomplished and what still needs to be...
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365
Feb 27, 2013
02/13
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KGO
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construction is under way in china and the first cruise has been set for 2016. among those sitting on the advisory board is helen benzinger, the great granddaughter of margaret molly brown, "titanic" survivor. >> she never finished the voyage. she always loves to finish what she started. >> i'm very excited about it, because it's all about love. >> 40,000 people have expressed interest in tickets for the maiden voyage, taking the original course from southhampton, england, to new york. couldn't possibly happen twice. >> it sounds eerily familiar. everybody wants to ride on that ship. >>> the world's largest beer producer, anheuser-busch, is facing a lawsuit filed by beer drinkers. it seeks millions of dollars and accuses the company of watering down budweiser and other brands. water is added cutting the alcohol contempt significantly. the company calls the suit groundless. >> i'm outraged. do not water down my always watery beer. >> or my maker's abuse. >> america will not stand for alcohol abuse. >>> what would it take for 1500 people from around the world to f
construction is under way in china and the first cruise has been set for 2016. among those sitting on the advisory board is helen benzinger, the great granddaughter of margaret molly brown, "titanic" survivor. >> she never finished the voyage. she always loves to finish what she started. >> i'm very excited about it, because it's all about love. >> 40,000 people have expressed interest in tickets for the maiden voyage, taking the original course from southhampton,...
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110
Feb 27, 2013
02/13
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KICU
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china's president, ung is said to be a fan of rodman's exteam, the bulls. >>> the pacers get george a little physical. trying to keep the warriors in it. the magic touch of curry. bombing away from outside. he had 38 points. he had seven threes. you will see his touch again as he works for a shot with the nifty double. but west and company a little too much. you will see west gets it to go underneath then it was all the extra stuff we were talking about. the fireworks, you will see david lee gets pushed by hibart underneath. then it's mix it up time. it's hibart who ends up getting ejected. seemed to me curry was just trying to break things up but he gets hit with a technical. west did adds well. the warriors still on the short end. 108-97. >>> the puck was finding the net with every sharks flick of the wrist in their first seven games of perfection this season over the last 10 games, somebody has put i don't know some kind of invisible shield in front of that thing. hard to come by. the scoring from a new source as the sharks get it with t.j. galliardy. his first goal with assist fro
china's president, ung is said to be a fan of rodman's exteam, the bulls. >>> the pacers get george a little physical. trying to keep the warriors in it. the magic touch of curry. bombing away from outside. he had 38 points. he had seven threes. you will see his touch again as he works for a shot with the nifty double. but west and company a little too much. you will see west gets it to go underneath then it was all the extra stuff we were talking about. the fireworks, you will see...
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Feb 27, 2013
02/13
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KTVU
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china's president, ung is said to be a fan of rodman's exteam, the bulls. >>> the pacers get george a little physical. trying to keep the warriors in it. the magic touch of curry. bombing away from outside. he had 38 points. he had seven threes. you will see his touch again as he works for a shot with the nifty double. but west and company a little too much. you will see west gets it to go underneath then it was all the extra stuff we were talking about. the fireworks, you will see david lee gets pushed by hibart underneath. then it's mix it up time. it's hibart who ends up getting ejected. seemed to me curry was just trying to break things up but he gets hit with a technical. west did adds well. the warriors still on the short end. 108-97. >>> the puck was finding the net with every sharks flick of the wrist in their first seven games of perfection this season over the last 10 games, somebody has put i don't know some kind of invisible shield in front of that thing. hard to come by. the scoring from a new source as the sharks get it with t.j. galliardy. his first goal with assist fro
china's president, ung is said to be a fan of rodman's exteam, the bulls. >>> the pacers get george a little physical. trying to keep the warriors in it. the magic touch of curry. bombing away from outside. he had 38 points. he had seven threes. you will see his touch again as he works for a shot with the nifty double. but west and company a little too much. you will see west gets it to go underneath then it was all the extra stuff we were talking about. the fireworks, you will see...
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Feb 27, 2013
02/13
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KNTV
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examined whether nasa is doing a good job monitoring export control laws with foreign governments such as china. the roar of this modified german fighter jet taking off and landing at nasa ames field has prompted a roar of outrage about the deal that allows this and five other private airplanes to be based here at nasa ames by a company h-211 named after the hangar they are housed. the owners are the principles of google which coincidentally has its headquarters just blocks away. we are asking some simple questions. after analyzing most of the flights into and out of move fet field which showed less than 15% of those flights were for scientific purposes, iowa senator charles grassley sent a letter to nasa demanding answers but got few. >> why all the stonewalling then? the more stonewalling you get, then the more you wonder, well, it makes you more crazy than ever to get to the bottom of it because maybe this is a big thing. i don't think it needs to be a big thing. it may not be a big thing. the fact they are answering our questions makes you wonder what's up? are they trying to cover up somet
examined whether nasa is doing a good job monitoring export control laws with foreign governments such as china. the roar of this modified german fighter jet taking off and landing at nasa ames field has prompted a roar of outrage about the deal that allows this and five other private airplanes to be based here at nasa ames by a company h-211 named after the hangar they are housed. the owners are the principles of google which coincidentally has its headquarters just blocks away. we are asking...
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Feb 27, 2013
02/13
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CSPAN
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china depends on the u.s. as their export market and we too, depend on other countries for the market for our good. this is a positive-sum game not a zero-sum game. >> there were some concerns in the target of the yen being at 110 instead of 78 like it was 90 days ago or maybe longer. there is some concern that currencies can get out of balance and that can have a significant impact on trade. would you agree with that? there was some discussion in the press. >> there was discussion of the issue. the emerging market economies, which are at full employment in many cases, are unhappy because low interest rates in the advanced economies give them a choice they don't like. they have to accept low interest rates, which they feel causes inflation or alternatively they have to raise -- let their exchange rate and appreciate which hurt theirs export markets. they have concerns with monetary policies in general. but i don't think japan raises a special case, notwithstanding the rhetoric, of course, we haven't seen what
china depends on the u.s. as their export market and we too, depend on other countries for the market for our good. this is a positive-sum game not a zero-sum game. >> there were some concerns in the target of the yen being at 110 instead of 78 like it was 90 days ago or maybe longer. there is some concern that currencies can get out of balance and that can have a significant impact on trade. would you agree with that? there was some discussion in the press. >> there was discussion...
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Feb 26, 2013
02/13
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WFDC
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chuvperder un vuelu hizo estallar de ira a un pasajero en china, un lÍder del partido comunista, arrancÓ computadoras las lanzÓ al suelo, insultÍtulo a empleadas, intentÓ romper la puerta de salida de un letrero, la multitud de curiosos crecia, se desconoce si serÁ sancionado, el videose vio por millones de usuarios. >>> presa de la angustia los familiares de la pareja de ciclistas de estados unidos que desapareciÓ en perÚ, planeaban recoro rer amÉrica del sur en bicicleta, publicaban diariamente mensajes y fotos en su facebook, luego del 25 de enero desde el cuzco, no tuvieron noticias "y tampoco se reporta transacciÓn en la cuenta bancaria del joven. >>> la guardia costera suspendÓo la bÚsqueda de un barco que desapareciÓ en la bahÍa de san francisco el domingo pasado, iban dos adultos y dos niÑos, se creen que se tratarÍa de una broma de mal gusto, la labor de equipos de emergencia, asciende a miles de dÓlares en costos, intentan descifrar el misterio. >>> hallaron culpable al sujeto acusado de asesinar a dos estÚdiantes universitatarios en puerto rico. el atroz crimen
chuvperder un vuelu hizo estallar de ira a un pasajero en china, un lÍder del partido comunista, arrancÓ computadoras las lanzÓ al suelo, insultÍtulo a empleadas, intentÓ romper la puerta de salida de un letrero, la multitud de curiosos crecia, se desconoce si serÁ sancionado, el videose vio por millones de usuarios. >>> presa de la angustia los familiares de la pareja de ciclistas de estados unidos que desapareciÓ en perÚ, planeaban recoro rer amÉrica del sur en bicicleta,...
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Feb 26, 2013
02/13
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CNN
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. >> on this episode of china un-censored, watch a chinese officials go nuts. >> reporter: watch bystanders back off. get me away from this guy who turned out to be the vice-chairman of a state-run mining company and an advisor on a chinese political committee. not to mention an expert desk kicker, though that might have hurt. he definitely meant to hurt the glass doors leading to the airplane and when he couldn't break through, he slammed the sign on the desk. and just in case the husband may have missed a little something, his wife picked up an object and smashed it on the floor. we haven't seen a rampage like this since the british guy ransacked a t-mobile store because they wouldn't give him a refund, or the drive-through customer who couldn't get chicken mcnuggets because this ohio mcdonald's was serving breakfast. she not only smacked the server, when they finally shut the window on her she managed to smash a hole in it. the mcnuggets slugger ended up being sentenced to 60 days in jail. she also paid a $1500 fine for damages to the window. the funny thing was that 15 seconds after she
. >> on this episode of china un-censored, watch a chinese officials go nuts. >> reporter: watch bystanders back off. get me away from this guy who turned out to be the vice-chairman of a state-run mining company and an advisor on a chinese political committee. not to mention an expert desk kicker, though that might have hurt. he definitely meant to hurt the glass doors leading to the airplane and when he couldn't break through, he slammed the sign on the desk. and just in case the...
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Feb 26, 2013
02/13
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CNNW
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. >> on this episode of china un-censored, watch a chinese officials go nuts. >> reporter: watch bystanders back off. get me away from this guy who turned out to be the vice-chairman of a state-run mining company and an advisor on a chinese political committee. not to mention an expert desk
. >> on this episode of china un-censored, watch a chinese officials go nuts. >> reporter: watch bystanders back off. get me away from this guy who turned out to be the vice-chairman of a state-run mining company and an advisor on a chinese political committee. not to mention an expert desk
SFGTV2: San Francisco Government Television
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Feb 26, 2013
02/13
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SFGTV2
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and clear tech and clean tech companies are growing again investors from other countries including china are suggesting that they would like to have their north america head quarters here in san francisco and we have five of the larger solar companies here and they are looking at mission bay and thes point to locate some bio-- some clean tech and biotech chem companies and inc., baiters that would start the same thing that we did in mission bay and by-the-way, we also have ideas to create mission bay too if you have not heard about it already to income and work on the foundation of the success of mission bay that is now filling out there rapidly >>> as something that i do not want to put you on the spot about here, san francisco did for the america's cup, the clear message was city taxpayers are not going to get the guardianship and private is going to take care of all of the city's costs which are 30 million and change. it's [inaudible] isn't going to do the job fundraisers do their thing and -- [inaudible] [inaudible] and so if san francisco taxpayers do he wanted up getting suck with
and clear tech and clean tech companies are growing again investors from other countries including china are suggesting that they would like to have their north america head quarters here in san francisco and we have five of the larger solar companies here and they are looking at mission bay and thes point to locate some bio-- some clean tech and biotech chem companies and inc., baiters that would start the same thing that we did in mission bay and by-the-way, we also have ideas to create...
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Feb 26, 2013
02/13
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MSNBC
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china in the last generation, hundreds of millions of people in the middle class and the foreign aid community has to look at that and ask themselves what they could be doing differently and i think it can work but these giant programs often are not what works and certainly when you start displacing local entrepreneurs and telling local people, we can do this for you better than you can do it for yourself, you set up a culture of dependency and then you snuff out people who are coming up with local solutions to local problems and not really what "the night ranger" is about and it's a thriller but there is that world view, my view of this informs this and i'm not afraid to say that. >> it's my experience in meeting with refugees that foreign aid, a small percentage of donations of foreign aid actually get to the people that need it. i've seen that a lot sold on the black market. >> yes. >> a lot gets redirected to corrupt governments and even if the intentions are good and the ngo delivering the foreign aid is not corrupt it still has a hard time of getting the people it's supposed to
china in the last generation, hundreds of millions of people in the middle class and the foreign aid community has to look at that and ask themselves what they could be doing differently and i think it can work but these giant programs often are not what works and certainly when you start displacing local entrepreneurs and telling local people, we can do this for you better than you can do it for yourself, you set up a culture of dependency and then you snuff out people who are coming up with...
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Feb 26, 2013
02/13
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china depends on the strength of europe and u.s. as their export market. we, too, depend on other countries as a market for our goods. so this is a positive sum gain, not zero sum gain. >> there was some concern at the last g-20 meeting in terms of this target of the yen being at 110 instead of 78 like it was 90 days ago or maybe longer. there is some concern that currencies can get out of balance. that will have a significant impact on trade. would you agree with that? >> there was certainly discussion of the issue. the emerging market economies, which are at full employment in many cases, are unhappy because low interest rates in the advanced economies give them a choice they don't like. either they have to accept low interest rates, which they feel causes inflation or problems in their own economy, or alternately they have to raise their exchange rate appreciate which hurts their export market this. he have had some concerns with accommodative monetary policy in advanced economies in general. i don't think japan really raises a special case, not with st
china depends on the strength of europe and u.s. as their export market. we, too, depend on other countries as a market for our goods. so this is a positive sum gain, not zero sum gain. >> there was some concern at the last g-20 meeting in terms of this target of the yen being at 110 instead of 78 like it was 90 days ago or maybe longer. there is some concern that currencies can get out of balance. that will have a significant impact on trade. would you agree with that? >> there was...
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Feb 26, 2013
02/13
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we are playing a distant second fiddle to china. what does that mean for the future? it isn't very encouraging. it's time for us to step forward and show real american leadership in this area, and i appeal to those who have opposed this african trade bill which senator boozman and i have sponsored to take a second look and reconsider their position. madam president, it was an honor to visit our dedicated diplomatic and development military personnel. it was a reminder of the important and indispensable contributions to u.s. policy that they still play around the world in improving lives and ensuring security. these investments abroad are not only symbols of american generosity and values, they make the world safer for everyone. we should keep this in mind when we consider that america's foreign assistance budget, one that includes maintaining all our embassies around the world is just over 1% of the total u.s. budget. madam president, i yield the floor, and before i yield, i ask consent that any remaining time between now and 4:30 be equally divided, that time which i
we are playing a distant second fiddle to china. what does that mean for the future? it isn't very encouraging. it's time for us to step forward and show real american leadership in this area, and i appeal to those who have opposed this african trade bill which senator boozman and i have sponsored to take a second look and reconsider their position. madam president, it was an honor to visit our dedicated diplomatic and development military personnel. it was a reminder of the important and...